REGISTERED NUMBER: 00880424 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 May 2025

for

Harleys Corrugated Cases Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D R Harley

A Harley

T H Noon

REGISTERED OFFICE:

Lonsdale Road

Thurmaston

Leicester

LE4 8JF

REGISTERED NUMBER:

00880424 (England and Wales)

ACCOUNTANTS:

Duncan & Toplis Limited

Park House

37 Clarence Street

Leicester

Leicestershire

LE1 3RW

FIXED ASSETS

Intangible assets

4

-

2,400

Tangible assets

5

624,726

524,062

624,726

526,462

CURRENT ASSETS

Stocks

30,000

30,000

Debtors

6

812,948

678,604

Cash at bank and in hand

504,551

554,034

1,347,499

1,262,638

CREDITORS

Amounts falling due within one year

7

412,810

374,798

NET CURRENT ASSETS

934,689

887,840

TOTAL ASSETS LESS CURRENT LIABILITIES

1,559,415

1,414,302

CREDITORS

Amounts falling due after more than one year

8

(59,417

)

-

PROVISIONS FOR LIABILITIES

(152,167

)

(113,811

)

NET ASSETS

1,347,831

1,300,491

CAPITAL AND RESERVES

Called up share capital

11,200

11,200

Capital redemption reserve

9,360

9,360

Retained earnings

1,327,271

1,279,931

1,347,831

1,300,491

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 September 2025 and were signed on its behalf by:

D R Harley - Director

1.	STATUTORY INFORMATION

Harleys Corrugated Cases Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of five years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to leasehold property

pr

-

2% on cost

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on cost

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33 1/3% on cost

Stocks

Stocks are valued at the lower of cost and estimated selling price less costs to complete and sell after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 31 (2024 - 30 ) .

4.	INTANGIBLE FIXED ASSETS

Patents

and

licences

£

COST

At 1 June 2024

and 31 May 2025

12,000

AMORTISATION

At 1 June 2024

9,600

Amortisation for year

2,400

At 31 May 2025

12,000

NET BOOK VALUE

At 31 May 2025

-

At 31 May 2024

2,400

5.	TANGIBLE FIXED ASSETS

Improvements

to

Fixtures

leasehold

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1 June 2024

120,899

1,016,356

4,468

Additions

-

194,699

-

At 31 May 2025

120,899

1,211,055

4,468

DEPRECIATION

At 1 June 2024

3,372

726,289

835

Charge for year

2,418

62,974

670

At 31 May 2025

5,790

789,263

1,505

NET BOOK VALUE

At 31 May 2025

115,109

421,792

2,963

At 31 May 2024

117,527

290,067

3,633

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 June 2024

256,337

18,990

1,417,050

Additions

-

938

195,637

At 31 May 2025

256,337

19,928

1,612,687

DEPRECIATION

At 1 June 2024

144,201

18,291

892,988

Charge for year

28,035

876

94,973

At 31 May 2025

172,236

19,167

987,961

NET BOOK VALUE

At 31 May 2025

84,101

761

624,726

At 31 May 2024

112,136

699

524,062

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Trade debtors

717,636

621,303

Other debtors

95,312

57,301

812,948

678,604

Other debtors includes prepayments and accrued income of £60,188 (2024 - £56,501).

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Hire purchase contracts

19,753

-

Trade creditors

226,816

204,672

Amounts owed to group undertakings

20,261

10,700

Taxation and social security

120,067

136,098

Other creditors

25,913

23,328

412,810

374,798

Other creditors includes accruals and deferred income of £20,360 (2024 - £18,367).

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.5.25

31.5.24

£

£

Hire purchase contracts

59,417

-

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.5.25

31.5.24

£

£

Hire purchase contracts

79,170

-

Hire purchase creditors are secured against the individual assets being so acquired.